Canadian GDP Contracts in Q2 2025 Amid Trade Headwinds

Canada’s economy continues to show signs of strain, with real GDP falling by 0.1 per cent in June 2025, following a similar 0.1 per cent decline in May. Goods-producing industries contracted by 0.5 per cent, dragged down by weak performance in manufacturing (-1.5 per cent) and utilities (-1.2 per ce

BC Economy Slows as Growth Moderates in Mid-2025

The latest BCREA Nowcast shows that British Columbia’s economy continues to expand, but at a slower pace compared to earlier in the year. The estimate of provincial economic growth (measured as year-over-year growth in real GDP) for June 2025 came in at 1.6 per cent, slightly above the national rate

Canadian Retail Sales (June 2025)

Canadian retail sales saw a strong rebound in June 2025, climbing 1.5% month-over-month to $70.2 billion. Compared to the same time last year, sales were up an impressive 6.6%, marking the highest retail activity level of the year so far. Excluding gasoline and automobile sales, core retail sales ro